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Prince's sister, Tyka Nelson, and his five half-siblings decided during a short court hearing last week that they would continue allowing wealth management firm Bremer Trust to serve as special administrator of the iconic musician's fortune.

Prince's estate is estimated to be worth about $300 million. The rights to Prince's brand are also unassigned, and it is rumored that he left behind thousands of unreleased songs.

In addition to his siblings, Prince is survived by two ex-wives. His only known child, a son named Boy Gregory, was just a week old when he died in October 1996.